NOT LISTED FOR SALE

4490 Luke Ave Destin, FL 32541

Estimated Value: $882,000 - $981,000

3 Beds
3 Baths
1,299 Sq Ft
$716/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $765,000 $589 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,658/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • Beach House
  • Living Room
  • Destin Elementary School Rated A-
  • Main Floor Bedroom
  • Central Air

About This Home

As of August 2021

Amazing location and incredible income property! True Florida cottage with great location and character. 3 bed with 3 full bath. Downstairs includes living room, kitchen, guest bed and bath. 2nd level includes guest with bath and master with bath. Plenty of outdoor living space adjacent to pool area. Crystal Beach Cottages are 2 blocks from the beach and a short stroll to the many shops and dining offered by Destin Commons. Rental projections are almost 70k for this year.

Last Agent to Sell the Property

Tyler Manning

THE REALTY BOX, INC License #SL3435871 Listed on: 07/17/2021

Last Buyer's Agent

Gabe Stephani

Pineapple Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 1993

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 70 x 86
  • Back Yard Fenced

Home Design

  • Beach House
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Driveway Spaces
  • 2 Carport Spaces

Schools

  • Destin Elementary And Middle School
  • Fort Walton Beach High School

Additional Features

  • Heated In Ground Pool
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-0583-0000-0100

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management
  • Newman Dailey Association, Phone Number (850) 837-1071
  • Crystal Beach Cottages Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,135

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: A
  • Property Sub Type: Detached Single Family
  • Design: Beach House
  • Legal Description: CRYSTAL BCH COTTAGES PH II LOT 10
  • List Type: Exclusive Right of Sale
  • Project Facilities: Pool
  • Year Built: 1993
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Washer
  • Bedroom Location: First, Second
  • Lower Floor 1 Bedrooms: 3
  • Master Bedroom: Second
  • Full Bathroom: First
  • Total Bathrooms: 3.00
  • Living Room: First
  • Estimated Heated Cooled Sq Ft: 1299.00

Exterior Features

  • Pool Type: Private
  • Construction Siding: Frame, Roof Metal, Slab
  • New Construction: Construction Complete
  • Exterior: Fenced Back Yard, Pool - Heated, Pool - In-Ground
  • Pool: Yes

Garage/Parking

  • Carport: No
  • Carport Spaces: 2.00
  • Driveway Spaces: 2.00
  • Garage Spaces: No

Utilities

  • Utilities: Electric

Condo/Co-op/Association

  • Management Company: Newman-Dailey
  • Association Management Contact: 8508371071
  • Fees Include: Management

Fee Information

  • Assessment Fees: Yes
  • New Buyer Fee: No
  • New Buyer Fee Paid: %

Lot Info

  • Acreage: 0.14
  • Assessment Amount: 830.00
  • Homestead: No
  • Lot Dimensions: 70 X 86
  • Lot Parcel Access: City Road
  • Assessor Parcel Number: 00-2S-22-0583-0000-0100
  • Zoning: Resid Single Family

Green Features

  • Energy Efficiency: AC - Central Elect

Rental Info

  • Existing Leases: Daily/Weekly
  • Is Subject Leased: No

Tax Info

  • Last Taxes: 5135.13
  • Last Tax Year: 2020

Multi Family

  • Number Stories: 2.0
  • Occupancy Status: Occupied

MLS Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle School: Destin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Aug 27, 2021
Sold by
Bracher Arch V and Bracher Summer M
Bought by
Jensen Wallace Merlin
Seller's Agent
Tyler Manning
THE REALTY BOX, INC
Buyer's Agent
Gabe Stephani
Pineapple Properties
List Price
$805,000
Sold Price
$765,000
Premium/Discount to List
-$40,000
-4.97%
Current Estimated Value
$930,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,518
Avg. Annual Appreciation
4.53%
Original Mortgage
$508,527
Outstanding Balance
$458,668
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$471,850

Purchase Details

Closed on
Jul 20, 2009
Sold by
Horin Jessica
Bought by
Bracher Arch V and Bracher Summer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2008
Sold by
Pence Randy and Pence Marla
Bought by
Horin Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Hammer Randy L and Fuhrman Donna D
Bought by
Pence Randy and Pence Marla

Purchase Details

Closed on
Jul 28, 2000
Sold by
Fulmer Milton H
Bought by
Hammer Randy L and Fuhrman Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jensen Wallace Merlin $765,000 Mti Title Insurance Agcy Inc
Bracher Arch V $345,000 Mcneese Title Llc
Horin Jessica $350,000 Southern Escrow & Title Llc
Pence Randy $220,000 --
Hammer Randy L $177,000 Advance Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jensen Wallace Merlin $508,527
Previous Owner Bracher Arch V $224,250
Previous Owner Horin Jessica $315,000
Previous Owner Hammer Randy L $141,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $765,000 -5.0% $589 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $805,000 -- $620 / Sq Ft
Source: Navarre Area Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,623 $728,100 $471,904 $256,196
2024 $8,021 $727,885 $458,159 $269,726
2023 $8,021 $692,254 $428,185 $264,069
2022 $7,162 $594,335 $389,259 $205,076
2021 $5,385 $433,604 $267,750 $165,854
2020 $5,135 $410,421 $255,000 $155,421
2019 $4,969 $407,806 $255,000 $152,806
2018 $4,540 $365,112 $0 $0
2017 $4,311 $348,286 $0 $0
2016 $3,930 $322,332 $0 $0
2015 $3,440 $263,798 $0 $0
2014 $3,104 $231,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tyler Manning

    THE REALTY BOX, INC

    (850) 393-9055

    1 in this area

    40 Total Sales

    Tyler Manning
    Section Image

  • G

    Buyer's Agent in 2021

    Gabe Stephani

    Pineapple Properties

  • Gabriel Stephani

    Buyer's Agent in 2021

    Gabriel Stephani

    Pineapple Properties

    (850) 814-4640

    2 in this area

    208 Total Sales

    Gabriel Stephani
    Section Image
See All Agents

Map

Source: Navarre Area Board of REALTORS®

MLS Number: 877195

Navarre Area Board of REALTORS®

APN: 00-2S-22-0583-0000-0100

Florida Okaloosa County Destin 32541

4490 Luke Ave, Destin, FL

Not Listed for Sale

Detached

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